US EditionHalf of Gdp Growth Since 2022 Is Due to the Arrival of Foreign Workers, According to Funcas
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4 Articles
Immigration is undoubtedly one of the main protagonists — if not the main actor — of these years of economic growth in Spain. So much so that the arrival of foreign workers explains about half of the economic growth that has been generated between 2022 and 2025. Of the 8.9% that has increased GDP between those years, migrant employees would have contributed 4.2 points, 47%.This is how it turns out from a report published this Thursday by Funcas,…
Half of the growth in the Spanish economy since 2022 is explained by the arrival of immigrants. That formidable offer shock that Spain has experienced in recent years, however, was not enough to solve two of the main challenges facing the economy: low productivity and low wages. These are the main conclusions of the study “Immigration in Spain: challenges, impact and policies”, edited by Funcas and presented today by its coordinators, Raquel Car…
The incorporation of the foreign labour force accounts for 47% of GDP growth since 2022: not only has it enlarged the size of the labour market, but it also improves employability in several sectors.
The negative impact of the ageing population on the Spanish economy would have been twice as severe without the constant contribution of migration flows over the last two decades, according to a study by the Fedea think tank published on Wednesday. The report highlights the decisive role of immigration in rejuvenating the population and increasing employment rates. In the absence of these arrivals, the contraction of the working-age population b…
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